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2024 Revenue

$10.3M

Funding

$8.6M

YOY

77.5%

Team

55

Founded

2016

How Solstice CEO Steph Speirs grew Solstice to $10.3M revenue with a 55 person team in 2024.

Solstice provides turnkey customer solutions for shared solar.

Last updated

Solstice Revenue

In 2024, Solstice's revenue reached $10.3M. The company previously reported $10.3M in 2024. Since its launch in 2016, Solstice has shown consistent revenue growth.

Solstice Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201620172018201920202021202220232024$0$3M$6M$10MSource: GetLatka.com
YearMilestone
2024Solstice Hit $10.3m revenue in October 2024
2024Solstice Hit $10.3m revenue in October 2024
2023Solstice Hit $5.8m revenue in December 2023
2021Solstice Hit $3.3m revenue in January 2021
2016Launched with $0 revenue

Solstice Valuation, Funding Rounds

Solstice has not publicly disclosed its valuation. The company has raised $8.6M in total funding to date.

Solstice has raised $8.6M in total funding across 6 rounds, with its most recent round in 2021.

Solstice Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$4M$6M$8M$10M2016201720182019202020212016 cumulative: $0 • 2016 Founded: $02020 cumulative: $968K • 2016 Founded: $0 • 2020 Funding round: $968K2020 cumulative: $2M • 2016 Founded: $0 • 2020 Funding round: $968K • 2020 Funding round: $968K2020 cumulative: $2M • 2016 Founded: $0 • 2020 Funding round: $968K • 2020 Funding round: $968K • 2020 Funding round: $230K2020 cumulative: $2M • 2016 Founded: $0 • 2020 Funding round: $968K • 2020 Funding round: $968K • 2020 Funding round: $230K • 2020 Funding round: $230K2021 cumulative: $5M • 2016 Founded: $0 • 2020 Funding round: $968K • 2020 Funding round: $968K • 2020 Funding round: $230K • 2020 Funding round: $230K • 2021 Funding round: $3M2021 cumulative: $9M • 2016 Founded: $0 • 2020 Funding round: $968K • 2020 Funding round: $968K • 2020 Funding round: $230K • 2020 Funding round: $230K • 2021 Funding round: $3M • 2021 Funding round: $3M$9M2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$3.1M--
2021Funding round$3.1M--
2020Funding round$230K--
2020Funding round$230K--
2020Funding round$967.5K--
2020Funding round$967.5K--

Solstice Employees & Team Size

Solstice employs approximately 55 people as of 2026, down from 61 in 2023.

Solstice has 55 total employees in different roles and functions.

Solstice Team GrowthReported headcount over time01530456075201620172018201920202021202220232024005555Source: GetLatka.com
YearMilestone
2024Reached 55 employees (December 2024)
2024Reached 61 employees (October 2024)
2023Reached 61 employees (December 2023)
2022Reached 56 employees (December 2022)
2021Reached 42 employees (December 2021)
2021Reached 37 employees (January 2021)

Founder / CEO

Steph Speirs

Steph is a social entrepreneur and community builder with operational experience in the U.S., Middle East, and South Asia. She was selected as an Echoing Green Climate Fellow, a Global Good Fund Fellow, a Grist 50 Fixer, a Kia Revisionary, and an Acumen Global Fellow, all of which recognize emerging leaders in social enterprise. She previously led sales and marketing innovation initiatives at d.light India, a solar products company powering areas without reliable electricity; spearheaded Acumen's renewable energy sector investment strategy in Pakistan; developed Middle East policy as the youngest Director at the White House National Security Council; and managed field operations in seven states for the first Obama presidential campaign. She holds a B.A. from Yale, a Master in Public Affairs (MPA) with distinction from Princeton, and an MBA from MIT, where she earned a certificate in Entrepreneurship and Innovation. At MIT, she received the Paul and Daily Soros Fellowship, Legatum Fellowship, Public Service Fellowship, and Dean's Fellowship.

Q&A

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Customers

We do not have customer count information for Solstice yet.

Frequently Asked Questions about Solstice

What is Solstice's revenue?

Solstice generates $10.3M in revenue.

Who founded Solstice?

Solstice was founded by Steph Speirs.

Who is the CEO of Solstice?

The CEO of Solstice is Steph Speirs.

How much funding does Solstice have?

Solstice raised $8.6M.

How many employees does Solstice have?

Solstice has 55 employees.

Where is Solstice headquarters?

Solstice is headquartered in Cambridge, Massachusetts, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .